Curated Stuff: Week of June 19, 2017

I just got back from Yosemite. Hiked a bunch and spent time with family. Couldn’t ask for more. This week’s update is a bit lighter in content since I didn’t have too much time.

Finance

Another flat week for the markets

The new health care bill was released on Thursday. This caused a run up in pharmaceutical/ biotech stocks.

Oil hit a year low at $43 a barrel.

The Fed conducted it’s annual stress test, which tests 34 banks to make sure they have enough capital to endure any economic downturn.

Cryptocurrency

The market is volatile and unregulated, so things like the Ethereum flash crash can happen. Yowza. I’m still a believer in the cryptocurrency space. This week my work sent a widely distributed email talking about the future of blockchain and the application of it in a corporate setting.

Podcasts of the week

Tim Ferriss show with Nick Szabo – They discuss cryptocurrency basics in this podcast. I would highly recommend listening to this one if you want to learn about digital currency and the blockchain.